45 results for “charitable trust”+ Section 2(15)clear
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In the result, this appeal by the assessee stands partly allowed
Bench: Shri Shamim Yahya & Shri Ram Lal Negi..
charitable institution created or established prior to 1st April, 1962, the exemption will not be denied if the user of the trust income or the trust property related to any period before 1st day of June, 1970. v) Another exception is provided in clause (h) of sub-section (2) of section 13. The exemption will not be denied where